Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

JK Tyre has resumed partial operations in three manufacturing units in India after receiving the government’s nod. The company has nine manufacturing plants in India, of which, three including, its facility in Chennai (Tamil Nadu), Kankroli (Rajasthan), and Laksar (Uttarakhand), which is a subsidiary of the company, have resumed operations in adherence to the government regulations for working during COVID-19 lockdown. JK Tyre has also resumed work at its global R&D unit in Mysore, Karnataka.


The other manufacturing plants of the company in India and in Mexico are in preparatory mode and will resume operations in the next couple of days, notified a company filing. 


JK Tyre facilities are running with reduced manpower and complying to strict hygiene and social distancing measures. 


Demand for zinc scrap is heavily dependent on end-use industries such as auto and auto ancillary companies. Zinc oxide manufacturers are waiting for major tyre companies to resume operations as it would spur demand for zinc oxides and in turn zinc dross. In the previous week, Ceat announced the restart of its operations.  

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